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La French Tech

La French Tech is a global initiative spearheaded by the French Government, aimed at positioning France as a leading hub for innovation in Europe and beyond. Since its inception in 2013, La French Tech has grown into a dynamic ecosystem that includes over 25,000 startups, public institutions, corporations, and investors, all collaborating to drive technological advancements and economic growth.​

Key Highlights

25,000 Startups: La French Tech nurtures a vast network of over 25,000 startups, including 1,800 deeptech companies that are at the forefront of cutting-edge innovation.

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32 Unicorns: The ecosystem has produced 32 unicorns, surpassing the goal set by President Macron ahead of schedule.

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Global Presence: With 67 international French Tech Chapters across 52 countries, La French Tech has a significant global footprint, facilitating collaboration and expansion worldwide.

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Economic Impact: In 2023, French startups raised €8 billion, contributing to the creation of over 1.1 million direct and indirect jobs. France also ranks as the top destination in Europe for foreign investment, maintaining this position for four consecutive years.

The Role of the French Tech Mission

The French Tech Mission, a department within the French Ministry of Economy, Finance, Industrial and Digital Sovereignty, is dedicated to enhancing collaboration within the startup ecosystem. The Mission actively supports startups by:

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Connecting Startups with Public Decision-Makers: The Mission helps remove barriers to market entry and economic growth by linking strategic startups with government stakeholders.

 

Facilitating International Expansion: The French Tech Mission collaborates with other governmental departments, such as the Ministry of Foreign Affairs, to promote French startups globally and support their international growth.

 

Promoting the French Tech Brand: The Mission strategically deploys the "La French Tech" brand to strengthen the ecosystem, foster innovation, and encourage economic growth.

Success Stories

La French Tech is home to numerous success stories across various sectors:

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Green Tech: Verkor, a leader in the Green Tech field, has received substantial support from both the French government and major companies like Capgemini, Schneider Electric, and Renault. Verkor's efforts include the development of Europe’s largest low-carbon battery gigafactory.

 

​​Artificial Intelligence: Mistral AI, founded in 2023, has rapidly become a major player in the AI sector, raising €450 million in its first year. France is recognized as a global leader in AI, hosting the largest number of AI labs in Europe.​​

 

Quantum Computing: Pasqal, founded in 2019, is world-renowned for its advancements in quantum computing, having raised €100 million in 2024 to further its groundbreaking work.

Join the La French Tech Community

La French Tech is more than just a network—it's a thriving ecosystem that is shaping the future of technology on a global scale. Whether you're a startup, an investor, or a tech enthusiast, joining La French Tech offers unparalleled opportunities to connect, innovate, and grow.

Government Initiatives Supporting Innovation

The French government plays a crucial role in fostering innovation through initiatives like:

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France 2030: A €54 billion plan dedicated to supporting high-tech startups in strategic sectors such as healthcare, low-carbon mobility, and new medicine production. This program aims to ensure France’s competitiveness and sovereignty in the global market.

 

Tibi Initiative: Launched in 2020 to mobilize institutional investors’ savings, the Tibi Initiative has successfully raised €30 billion in its first round, funding 14 unicorns and about 40 French Tech 120 startups.

Global Impact and Collaboration

La French Tech’s global presence is bolstered by its international communities, which act as catalysts for startups looking to expand into new markets. These communities, led by local entrepreneurs and experts, provide invaluable support and connections to help French startups thrive internationally.

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The creation of the French Tech Visa further underscores the commitment to fostering international collaboration, making it easier for international talents, investors, and founders to join the French Tech ecosystem.​

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